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TWO BUILDINGS FOR SALE! Situated on Armstrong Avenue. The units are located in La Lucia Ridge Office Estate, which is home to many of Durban's multi-national and blue-chip companies. Readily accessible to M4, M12 and N2 which ensures a significant demand. Majority of Attorneys have relocated from the Central Business District to set up practices in the Office Estate. Description: The subject property is Zoned as Commercial. Property Description / Improvements: The subject Sectional Title Units are located on a fully secure stand which comprises three free standing double storey office buildings and guard house. Fully paved driveway and surrounds, with boundary fences, electrically operated access. Two of the three buildings are for sale and described as follows: BUILDING ONE Improvements: Comprise facebrick double storey office block 464sqm in extent with aluminium windows and doors, PVC gutters and down pipes more fully described as follows: Ground Floor and first floor: Access from front and rear of building with mirror image both units comprising of newly tiled flooring, open plan and easily modified for your personal use. BUILDING TWO Improvements: Unit 1 Sectional plan No: SS 339/2001 - Deed of Transfer No: ST 54129/2008 Upper floor sectional title office unit comprising reception area, boardroom, kitchen, 3 offices And open plant administration office. 106 sq m Rental - R200 x 106 = R21 200 15% vat = R 24 380.00 Deposit - R 21 200 Elec Deposit - R9 500 METER NO E0022410 RATE NO: 66-29149655-0 ERF 2812 Unit 2 Sectional plan No: SS 339/2001 - Deed of Transfer No: ST 54129/2008 Ground floor sectional title office unit comprising of entrance, two offices and a boardroom. 106 sq m Rental - R200 x 106 = R21 200 15% vat = R 24 380.00 Deposit - R 21 200 Elec Deposit - R9 500 METER NO E0022411 RATE NO: 66-29149857-0 ERF 2812 Unit 3 Sectional plan No: SS 339/2001 - Deed of Transfer No: ST 54129/2008 Upper floor sectional title office unit comprising entrance, one office, one open plan administration office and ablution facilities. 109 sq m Rental - R200 x 109 = R21 800 15% vat = R 25 070.00 Deposit - R 21 800 Elec Deposit - R9 500 METER NO E0022412 RATE NO: 66-29149756-0 ERF 2812 Unit 4 Sectional plan No: SS 339/2001 - Deed of Transfer No: ST 54129/2008 Ground floor sectional title office unit comprising entrance, one office, open plan administration office and ablution facilities. 109 sq m Rental - R200 x 109 = R21 800 15% vat = R 25 070.00 Deposit - R 21 800 Elec Deposit - R9 500 METER NO E0022413 RATE NO: 66-29149352-0 ERF 2812
Purchase Price R 17 500 000
Building Size874 m2
Price Per SQMR 20022 m2
Type of PropertyOffice
ZoningCommercial
Land Size3659 m2
Last Updated09 Nov 2022
Bathrooms8
Open Parking Bays20
SecurityYes
Air ConditioningYes
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